[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. For the fourth time in six months, FedEx Freight has ...

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...

MEMPHIS, Tenn. - FedEx announced that it will close 29 of its Freight locations and consolidate its operations into other locations. FedEx said that the furlough for certain job classes, starting May ...

Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. FedEx Freight is closing 29 locations later this year and ...

FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE:FDX), confirmed Tuesday that it is closing seven service centers across the U.S. this year as the division continues to make alignments ...

MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...

FedEx Freight on Friday, June 8, announced an increase in shipping rates by 6.9 percent effective July 9. This rate change applies to FedEx Freight shipments within the contiguous United States, ...

Parcel delivery giant FedEx (NYSE:FDX) said Thursday it has decided to pursue a tax-free separation of FedEx Freight, the business that handles large cargo, and create two independent publicly listed ...

FedEx Corp. announced today it would re-brand its two LTL operating companies, American Freightways (AF) and Viking Freight, as FedEx Freight. They will continue to maintain separate operations to ...

FedEx shares drop after J.P. Morgan abandoned its bullish stance amid increasing worries that the earnings guidance may be too optimistic Shipping giant FedEx Corp. has been downgraded by JP Morgan.

FedEx (NYSE:FDX) said Monday it plans to raise its freight shipping rates by about 4.5% starting in July. The change includes certain FedEx Freight shipments within the U.S., Canada and Mexico, and ...